Internet Casinos | Online Poker | Turkish Casinos | Gambling Podcast | US Casinos | Mobile Version EternalGambling
EternalGambling QR Code
Play at Goldenpalace
> 300% Bonus now !
Play at Bovada Casino
> America's Pride !

Man's instinct to gamble is the only reason he is still not a monkey up in the trees - Mario Puzo
Gambling News >> Newsletter: Blackjack Strategy Software <<

Home | Gambling

Social Casino Revenue Forecasted to Hit $2.7 Billion by the End of 2014

By: Staff

Featured Sportsbook: Famous
online sports bettingBetOnline Sports Betting company BetOnline provides you $900 in free plays if you open an account right now. Take the quick tour at America's largest online sports betting destination, and learn about casino games and internet poker. Bet nowBetOnline Sports Betting...

Great Casino: All Star Slots top online casino provides you with
a great $787 casino bonus plus unlimited free money and you will have the possibility now to play the famous and well-known cool Triple Twister video slot casino game. Play now...

The social casino gaming phenomenon has gained exponential growth over a very short time. Adam Krejcij, a gaming analyst of Eilers Research, forecasted that social casino in the United States is likely to go over $2.7 billion in revenue by the end of 2014.

Social gaming sites’ income has boomed due to the millions of players who buy virtual gaming tokens. The increasing popularity and growing activity of social gaming prompted Station Casino to sign a deal with myVegas social gaming site.

Social gaming applications such as myVegas are downloaded for free. They gain revenue when players buy virtual gaming tokens to increase their chances of winning virtual rewards. For less than $1 a player gets thousands of tokens.

Station Casino believes that social gaming is an effective way to keep its customer base happily engaged even if they are not playing in a brick and mortar Las Vegas casino.

MGM Resorts and PlayStudio

MGM Resorts International has partnered with myVegas two years back. Based on a report from PlayStudios, headed by former Wynn Vegas President Andrew Pascal, MGM’s myVegas has now more than one million active users every day.

According to Eilers Research, PlayStudio is the eighth largest social casino games publisher across continents and is slotted to gain over $60 million in gross revenue by year’s end. With players continuously buying tokens, PlayStudio is one of the fastest growing social gaming companies with a revenue growth rate of 300% per year.

Real World Rewards

What makes MGM Resorts unique in terms of redeeming points earned from playing myVegas? Rewards are in the form of show tickets, restaurant vouchers, free overnight stay and nightclub passes at any of the company’s 10 Vegas Strip resorts.

Station Casinos has followed suit and through myVegas, offers players the option to redeem rewards for entertainment offerings, restaurant options and overnight stay at Green Valley Ranch Resort, Palace Station and Red Rock Resort. Red Rock and Green Valley are higher end resorts whereas Palace Station is near the Las Vegas Strip.

MyVegas players are offered 10 different rewards - dinner at Charcoal Room at Palace Station, T-Bone Chop House of Red Rock and Hank’s of Green Valley. In order to redeem myVegas rewards from any of Station Casino’s properties, players must be legitimate members of the company’s loyalty program. They must also be physically present to redeem the reward for proper identification.

Station Casino and PlayStudio

Staci Alonso, Station Casino’s senior VP, expressed that the long-standing relationship between PlayStation’s Andrew Pascal and Station Casino’s Steve Cavallaro and the impressive outcome of MGM’s affiliation with myVegas aided in quickly cementing the deal.

According to Alonso, on opening day of the program, they are sold out of breakfast buffet at Feast and have bookings for a number of room nights. Alonso is optimistic that through this opportunity and platform, Station Casino brand will be known to regional guests. provides online casino slot players with free welcome bonus money upon deposit and free no deposit money courtesy of the online casinos. Follow us on Facebook, Twitter or Subscribe to the RSS Feed of our Blog today to get latest news and reviews of your favorite casino and slot games.

## End of News

What do you want to do next ?

Play Casino Games
$4000 Cash Bonus, more than
75 games
Bet on Sports
$250 Cash Bonus, Live Lines Inferno
Play 3D Online Slots
$5000 Free Bonus, Instant Game Play
Play Internet Poker
100% Cash Bonus, $50000 Points Race
Bet on HorsesHorse Betting
$900 Free Plays, Horse Betting Toolkit
Play Online Bingo
Free $6 Bonus. Bingo Tourneys, Slots, Video Poker

Gambling News Source:

Please Rate this Gambling News


Not yet Rated

Get Gambling news via RSS by clicking the icon above !

Terms and Conditions : Privacy Policy : About and Contact

* World Series of Poker and WSOP are trademarks of Harrah's License Company, LLC ("Harrah's"). Harrah's does not sponsor or endorse, and is not associated or affiliated with the products, services or promotions presented on this website.

Powered by Article Dashboard